Admiral Group (OTCMKTS:AMIGY) Upgraded by UBS Group to Buy Rating

UBS Group upgraded shares of Admiral Group (OTCMKTS:AMIGY) from a neutral rating to a buy rating in a research report released on Tuesday morning.

AMIGY has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Admiral Group in a report on Wednesday, January 7th. The Goldman Sachs Group lowered shares of Admiral Group to a “sell” rating in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada lowered Admiral Group from an “outperform” rating to a “sector perform” rating in a research note on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Admiral Group presently has an average rating of “Hold”.

Admiral Group Price Performance

OTCMKTS:AMIGY opened at $42.85 on Tuesday. The company has a 50 day simple moving average of $39.81 and a two-hundred day simple moving average of $42.78. Admiral Group has a fifty-two week low of $35.93 and a fifty-two week high of $52.08.

Admiral Group Company Profile

Admiral Group plc is a UK-based specialist insurer founded in 1993 and headquartered in Cardiff, Wales. Since its inception, the company has focused on developing straightforward insurance products sold directly to customers, pioneering the use of online sales and multi-car policies. Admiral’s low-overhead model and emphasis on technology have helped it establish a significant presence in the personal lines insurance market.

The core offering of Admiral Group centers on motor insurance, with additional products including home insurance, travel cover and breakdown assistance.